Question: Pascal has recently opened an RRSP . He plans to deposit $ 8 0 4 at the end of every month for 1 5 years.

Pascal has recently opened an RRSP. He plans to deposit $ 804 at the end of every month for 15 years. The account will compound interest semi-annually at the nominal rate of 5.5%. How much money will Pascal have in his account immediately after his last deposit?
a.
$ 229631.53
b.
$ 222943.24
c.
$ 238549.26
d.
$ 234090.40
e.
$ 225172.67
Clear my choice

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